Seller's Agent in 2024
Nick Fratz-Orr
Railey Realty, Inc.
(301) 616-0473
482 Total Sales
387 Pinnacle Dr Swanton, MD 21561
Estimated Value: $932,690 - $1,057,000
5
Beds
5.5
Baths
4,762
Sq Ft
$207/Sq Ft
Est. Value
Highlights
- Home fronts navigable water
- Fishing Allowed
- Carriage House
- Canoe or Kayak Water Access
- Scenic Views
- Lake Privileges
About This Home
As of July 2024Looking for the ultimate lake home compound at Deep Creek Lake? Look no further, 387 Pinnacle Drive has what you are looking for! This property offers 5 total bedrooms and 5.5 bathrooms spanning through a 4600 sq.ft home on 3 levels of living. Enter on a paved driveway with two entrances from Pinnacle Drive, a 2-car garage and fireplaces in each of the bedrooms in the main house for ultimate comfort. Each bedroom in the main house is outfitted with its own bathroom. Enjoy a warm evening by the fireplaces in the main level living room, lower level living room or outside at the fire pit. The Pinnacle community offers premium lake access and tennis courts. The community roads are great for site seeing and to get a breath of fresh air. The overflow space offers room to spread out and entertain family and friends. The furnace system in main house was replaced in 2022. Whether you are looking for a full time residence, second home or vacation rental investment property, this property checks the boxes for all! Call today to schedule a showing at this premier property at Deep Creek Lake!
Last Agent to Sell the Property
(301) 616-0473 nick@railey.com Railey Realty, Inc. Listed on: 11/08/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,737
Year Built
- Built in 2005
Lot Details
- 1.06 Acre Lot
- Home fronts navigable water
- Property is zoned LR1
HOA Fees
- $83 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 4 Driveway Spaces
- Basement Garage
Home Design
- Carriage House
- Chalet
- Block Foundation
- Architectural Shingle Roof
- Log Siding
Interior Spaces
- Property has 3 Levels
- 6 Fireplaces
- Scenic Vista Views
- Finished Basement
Bedrooms and Bathrooms
Outdoor Features
- Canoe or Kayak Water Access
- Property is near a lake
- Lake Privileges
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Leased Propane
- Well
- Electric Water Heater
Listing and Financial Details
- Tax Lot 0009
- Assessor Parcel Number 1218062690
Community Details
Overview
- Association fees include common area maintenance, management, reserve funds, road maintenance, snow removal, trash
- The Pinnacle Subdivision
Recreation
- Tennis Courts
- Fishing Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2023
Closed on
Jul 31, 2024
Sold by
Croghan Michael W and Croghan Deborah K
Bought by
Hal And Edith Family Trust and Wilkins
Seller's Agent
Nick Fratz-Orr
Railey Realty, Inc.
Buyer's Agent
Lucas Muenchow
Railey Realty, Inc.
List Price
$1,195,000
Sold Price
$950,000
Premium/Discount to List
-$245,000
-20.5%
Views
409
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,673
Avg. Annual Appreciation
2.61%
Original Mortgage
$230,000
Outstanding Balance
$227,397
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$758,276
Purchase Details
Closed on
Aug 23, 2016
Sold by
Natale Janet L and Estate Of Vernon S Mills
Bought by
Natale Janet L
Purchase Details
Closed on
Dec 8, 1998
Sold by
Croghan Michael W and Croghan Deborah K
Bought by
Croghan Michael W and Croghan Deborah K
Purchase Details
Closed on
Sep 14, 1994
Sold by
Pete'S Pinnacle Llc
Bought by
Croghan Michael W and Croghan Deborah K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hal And Edith Family Trust | $950,000 | Deep Creek Title | |
| Natale Janet L | -- | None Available | |
| Croghan Michael W | $21,000 | -- | |
| Croghan Michael W | $22,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hal And Edith Family Trust | $230,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $950,000 | -4.5% | $199 / Sq Ft |
| 06/14/2024 06/14/24 | Pending | -- | -- | -- |
| 04/25/2024 04/25/24 | Price Changed | $995,000 | -5.2% | $209 / Sq Ft |
| 04/09/2024 04/09/24 | Price Changed | $1,050,000 | -4.5% | $220 / Sq Ft |
| 03/09/2024 03/09/24 | Price Changed | $1,100,000 | -4.3% | $231 / Sq Ft |
| 01/30/2024 01/30/24 | Price Changed | $1,149,000 | -3.8% | $241 / Sq Ft |
| 11/08/2023 11/08/23 | For Sale | $1,195,000 | -- | $251 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,765 | $741,500 | $110,300 | $631,200 |
| 2024 | $8,094 | $659,133 | $0 | $0 |
| 2023 | $7,140 | $576,767 | $0 | $0 |
| 2022 | $6,170 | $494,400 | $110,300 | $384,100 |
| 2021 | $6,137 | $487,833 | $0 | $0 |
| 2020 | $6,054 | $481,267 | $0 | $0 |
| 2019 | $5,972 | $474,700 | $110,300 | $364,400 |
| 2018 | $5,658 | $474,700 | $110,300 | $364,400 |
| 2017 | $5,611 | $474,700 | $0 | $0 |
| 2016 | -- | $481,500 | $0 | $0 |
| 2015 | -- | $481,500 | $0 | $0 |
| 2014 | -- | $481,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Fratz-Orr
-
Lucas Muenchow
Buyer's Agent in 2024
Lucas Muenchow
Railey Realty, Inc.
(240) 321-5756
31 Total Sales
Map
Source: Bright MLS
MLS Number: MDGA2006104
APN: 18-062690
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